Finance Minister Welcomes Maersk Subsidiary’s Decision to Invest in Pakistan

Federal Minister for Finance and Revenue Muhammad Aurangzeb held a meeting with Keith Svendsen, Chief Executive Officer (CEO) of APM Terminals, who called on the Finance Minister at the Finance Division today. Aurangzeb welcomed APM Terminals’ commitment to invest in Pakistan and assured full support in facilitating the Group and providing them with a level-playing and investment-friendly climate in Pakistan. The discussion focused on the progress made as a follow-up on the signing of a Memorandum of Understanding (MoU) last month between the Government of the Islamic Republic of Pakistan and the Government of the Kingdom of Denmark to enhance bilateral cooperation and accelerate sustainable economic growth through promoting and enhancing green and sustainable Public-Private Partnership (PPP) investment. Keith Svendsen briefed the Minister on APM Terminals’ business portfolio and its plans for building port infrastructure in Pakistan for enhanced revenue growth and improvement in regional trade and connectivity. The meeting was also attended by Jakob Linulf, Ambassador of Denmark to Pakistan, Ambassador Shoaib Sarwar, Pakistan’s Ambassador to Denmark, Rene Piil Pedersen, Managing Director A.P. Moller Maersk Singapore, Ahmed Hassan, SVP of A.P. Moller Maersk Group, and Sander Riemersma, Head of Portfolio Strategy APM Terminals.